* There are 8 bay front single-family homes For Sale ranging from $3.5M to $11.5M
* 3 of the 8 homes are Brand New; ranging from $5.2M to $8.5M.
* There are only 2 properties For Sale within the Bay Front Condo/Townhome segment of the market; Asking Prices are $420,000 and $1,649,000.
* Since January of 2020, a total of 51 bay front single-family homes have been placed Under Contract For Sale!
The Asking Prices of those homes ranged from $1,645,000 to $8,500,000.
* Since January 2020, a total of 41 bay front Condo/Townhomes have been placed Under Contract For Sale!
The Asking Prices of those properties ranged from $315,000 to $3,895,000
* 16 of the 41 properties are located in Stone Harbor; with Asking Prices ranging from $315,000 to $1,090,000
* 25 of the 41 properties are located in Avalon; with Asking Prices ranging from $789,000 to $3,895,000
Breakdown of the 51 sold single-family homes…
* 13 are located in Stone Harbor; with Asking Prices ranging from $1,645,000 to $6,700,000
* 38 are located in Avalon; with Asking Prices ranging from $1.6M to $8.5M
* 5 Brand New homes priced between $6M and $8.5M
* 3 were priced under $2.5M
* 12 were priced between $2.5M and $3.5M
* 17 were priced between $3.5M and $4.5M
* 5 were priced between $4.5M and $5.5M
* 13 were priced between $5,995,000 and $8,500,000
Looking to purchase a property?
Today’s exceptionally low mortgage interest rates help to
maximize your purchasing power!
Per Keith Coolahan at Citizens Bank, today’s rate for a 30 year fixed rate “Jumbo Loan” is 3.125%. That loan has a monthly payment of $4,284!
If you would consider renting the property after your purchase, then the strong rental demand can yield $40,000 to $200,000+ in rental income!
Contact me today for more details!